SEC Form 4 · accession 0000796343-16-000380
ADOBE INC. · ADBE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael A Dillon
Officer — EVP, Gen. Counsel & Secretary
Period of report
Aug 23, 2016
Accepted (ET)
Aug 24, 2016 · 4:08 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000796343
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Aug 23, 2016 | M | 27,500 | $0.00 | A | 64,123 | D | |
| Common StockF2 | Aug 23, 2016 | F | 14,349 | $101.14 | D | 49,774 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3 | $0.00 | Aug 23, 2016 | M | 27,500 | D | — | — | Common Stock | 27,500 | 0 | D |
Explanation of responses
- F1Includes 214 shares acquired on June 30, 2016 pursuant to Adobe's 1997 Employee Stock Purchase Plan, as amended.
- F2Shares surrendered to pay tax liability due at vesting of Restricted Stock Units.
- F3RSU award granted on August 23, 2012 vests at a rate of 25% annually on the first, second, third and fourth anniversaries of the grant date.